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Prince George's County HOA Reserve Study

Prince George's County went first. Its associations had the earliest deadline in Maryland, which means the five-year updates are falling due now.

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Prince George's associations set up before October 1, 2020 needed a reserve study by October 1, 2021, unless they had one on or after October 1, 2016. If the first study came right at that deadline, the five-year update was due by October 1, 2026.

Prince George's County dates at a glance

Counts as existing if set up beforeOctober 1, 2020
A study on or after this date countedOctober 1, 2016
Otherwise, first study byOctober 1, 2021
Latest update, if the first came at the deadlineOctober 1, 2026
FundingThe study's recommended contribution, reached within five fiscal years of an initial study

County registration through the Office of Community Relations

Prince George's keeps a mandatory registry of common ownership communities. Property management companies that represent communities in the county must register every year with the Office of Community Relations and pay a fee, then register each community they manage separately, giving its tax ID and full legal name. Failure to register brings fines. An association that registers itself also gives the name of its management company.

The county also has a Commission for Common Ownership Communities. Neither the registry nor the commission replaces the state reserve study rule, but both mean a county office knows your association exists.

Planning the next study

Because the first round came in 2021, many Prince George's boards now face their first update and their first budget under the 2025 funding rules at the same time. If your update is late, commission it now; the update also feeds the funding plan the board must adopt.

Ask the firm to compare the new figures with the 2021 study line by line. Five years of construction inflation can move replacement costs a long way, and owners will want to see why contributions changed.

The rules themselves are statewide: see the 2022 law, in order and funding to the study.

Prince George's County on the ladder

Your county's lane is lit. Change the kind of community to see the rule for new associations.

Where are we?
Prince George'sSet up before October 1, 2020
Studies from October 1, 2016 countFirst study by October 1, 2021Update by Oct 2026Funded to the study by FY 2027
MontgomerySet up before October 1, 2021
Studies from October 1, 2017 countFirst study by October 1, 2022Update by Oct 2027Funded to the study by FY 2028
Rest of MarylandSet up before October 1, 2022
Studies from October 1, 2018 countFirst study by October 1, 2023Update by Oct 2028Funded to the study by FY 2029
Look-back date: a study since then countedFirst study deadlineLatest five-year update, if the first study came at the deadlineRecommended funding reached: five fiscal years after a first study at the deadline

Prince George's County: homeowners association

Studies that counted
Any study finished on or after October 1, 2016; the update was due five years after it.
First study, if there was none
On or before October 1, 2021.
Then
An updated study at least every five years: by October 1, 2026 at the latest if the first came right at the deadline.
Funding
Budget the study's recommended contribution every year, deposited by the last day of the fiscal year. After an initial study the board has five fiscal years to reach that level; for a first study at the deadline, that means fiscal year 2027 or so.

An HOA set up after the county cutoff needs its first study 30 to 90 days before the transition meeting with the developer.

Applies where the declaration makes the HOA responsible for common areas whose components cost at least $10,000 in total. HOAs that issue bonds for capital work are outside it.

Sources: 11B-112.3, 11-109.4 and 5-6B-26.1 on mgaleg.maryland.gov. Check exact dates for your community with the association's attorney.

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Tell us where the community is and what kind it is. We find one reserve study firm that works in your county and tell you who they are before anything is passed on.

We are a matching service, not a reserve study firm. One firm, named to you first; your details go to them only after you say yes.

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Where is the community?

Your community is a

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